Analysts predict a potential 3x gain for Aptos as it tests resistance at $7.8, fueled by bullish price action, increasing volume, and rising Total Value Locked (TVL). Could this be the start of a significant long-term rally?
With analysts predicting a potential 3x gain from current levels, all eyes are on Aptos as it tests resistance around the $7.8 mark.Is Aptos primed for a rally? Analyzing price action
Technical indicators such as the Relative Strength Index suggest bullish momentum, sitting at 66.88 at press time—just below overbought territory, reflecting increased buying pressure.Volume is a crucial indicator of price action validity, and Aptos has seen a remarkable increase in trading activity. Over the last 24 hours, trading volume has surged by 93.71%, reaching $726.99 million.
This significant growth highlights the increasing adoption of the Aptos network and signals bullish fundamentals that could support further price appreciation.The percentage of stablecoins held by whales, over $5 million, has also surged, standing at 55.88%. Whale accumulation is often a precursor to a price rally, as larger holders tend to move markets.open interest in Aptos futures has increased by 12.87%, reaching $148.45 million at press time.
Aptos APT Cryptocurrency Price Prediction Bullish Reversal
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